Former President Donald Trump’s NFT Collection Soars on OpenSea After Selling Out in One Day
The former president of the United States is releasing a non-fungible token (NFT) collection that is thriving on OpenSea.
Yesterday, social media was abuzz with the announcement of a new NFT collection from former president Donald Trump.
“The official Donald Trump Digital Trading Card collection is here! These limited edition cards feature amazing ART of my Life & Career! Collect all of your favorite Trump Digital Trading Cards. Go to collecttrumpcards.com & GET YOUR CARDS NOW! Only $99 each!”
Last year, the former president had suggested crypto and related crypto technologies seemed to him a “disaster waiting to happen.”
Things have changed since. First, the polarizing politician’s wife Melania launched her own NFT series on the Solana (SOL) blockchain earlier this year. Now, Donald Trump has released his own series on Polygon (MATIC).
— CollectTrumpCards (@CollectTrump) December 16, 2022
The collection sold out early Friday morning, the day after release. Prices for the cards are now soaring on the largest Ethereum (ETH) NFT exchange by trading volume, OpenSea. Though the digital collectibles initially sold for $99 a piece, prices are already much higher less than 24 hours after their launch.
At time of writing, the floor price for a Trump Digital Trading Card on OpenSea is 0.159 ETH, or approximately $190, nearly double the entry price.
Though some are listed for upwards of 100,000,000,000,000 ETH, the highest actual selling price of a Trump NFT at time of writing is 6 ETH, or $7,162. The transaction occurred on December 15 – the same day of the collection’s release.
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Featured Image: Shutterstock/archy13/Sensvector